Greece: Sliding Pencil Market 2024

Sliding Pencil Market Size in Greece

The Greek sliding pencil market surged to $X in 2021, picking up by 21% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded prominent growth. Sliding pencil consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Sliding Pencil Exports

Exports from Greece

In 2021, the amount of propelling or sliding pencils exported from Greece shrank rapidly to X units, waning by -74% on 2020 figures. Overall, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2017 with an increase of 1,487%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, sliding pencil exports contracted notably to $X in 2021. Over the period under review, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of 1,231%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X units), Cyprus (X units) and Spain (X units) were the main destinations of sliding pencil exports from Greece, together comprising 99% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +154.5%), while the other leaders experienced mixed trend patterns.

In value terms, Cyprus ($X) remains the key foreign market for propelling or sliding pencils exports from Greece, comprising 84% of total exports. The second position in the ranking was held by Italy ($X), with an 11% share of total exports. It was followed by Spain, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Cyprus totaled +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+16.5% per year) and Spain (+129.5% per year).

Export Prices by Country

The average sliding pencil export price stood at $X per unit in 2021, with an increase of 163% against the previous year. Overall, the export price enjoyed a resilient increase. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Cyprus ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sliding Pencil Imports

Imports into Greece

In 2021, overseas purchases of propelling or sliding pencils decreased by -9.7% to X units, falling for the second year in a row after four years of growth. Overall, imports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 65%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, sliding pencil imports soared to $X in 2021. In general, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -22.0% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 66%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest sliding pencil supplier to Greece, accounting for a 53% share of total imports. Moreover, sliding pencil imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), threefold. Turkey (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+18.5% per year) and Turkey (+11.8% per year).

In value terms, the largest sliding pencil suppliers to Greece were Germany ($X), France ($X) and China ($X), with a combined 86% share of total imports. Turkey, Spain and Malaysia lagged somewhat behind, together comprising a further 2.5%.

Among the main suppliers, Spain, with a CAGR of +64.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average sliding pencil import price amounted to $X per unit, with an increase of 33% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sliding pencil import price increased by +119.6% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of 43%. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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